Colgate Palmolive Outlook for the Week (Mar 06, 2023 – March 10, 2023)

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COLPAL Weekly Outlook and Analysis:

For the Week: (Mar 06, 2023 – March 10, 2023)

Colgate Palmolive Outlook for the Week (Mar 06, 2023 – March 10, 2023)

BSE: 500830| NSE: COLPAL| ISIN: INE259A01022| SECTOR: FMCG

Colgate Share Price : 1500.90 (NSE)

COLPAL closed the Weekly on Positive Note Gaining 2.48%

Weekly High: 1508.50

Weekly Low: 1446.10

Weekly Range:  62.40 Points

Weekly Support & Resistance for COLPAL

RESISTANCE 21548
RESISTANCE 11524
SUPPORT 11462
SUPPORT 21423
Colgate Palmolive Outlook for the Week (Mar 06, 2023 – March 10, 2023)

Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 1462 levels, Minor resistance on the upside is capped around 1524 levels.

If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 1423 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1548

Stock is trading below 200 days exponential moving average, suggests long term trend is bearish. EquityPandit predict range for the Weekly as 1548 on upside and 1423 on downside.

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